Builders Firstsource, Inc. rose 3.71% intraday. The stock's movement aligns with the broader market sentiment, as the S&P 500 posted a record-high close on Thursday, driven by positive labor market data and strong performances from key companies like Broadcom, Amazon, and Meta Platforms. Additionally, Broadcom's upbeat outlook for AI revenue growth and CEO Hock Tan's commitment to stay on for five more years further boosted investor confidence in the tech sector, contributing to the overall positive market sentiment.
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